After 3 straight quarters of losses, these 10 companies cherish profits in Q1. Should you bet? (22-08-2024)
India's corporate earnings had a weak start in the first quarter of fiscal year 2025, with subdued revenues and negative profit growth. Despite this, ten companies, such as ASM Technologies and PC Jewellers, returned to profitability. Analysts recommend a careful, stock-specific approach due to elevated valuation risks in mid and small-cap sectors.
Share price of PI Industries rises as Nifty strengthens (22-08-2024)
A total of 1,809 shares changed hands on the counter till 10:19AM (IST).
One 97 Communication to sell its entertainment ticketing biz to Zomato (22-08-2024)
For consideration of Rs 2048 cr
Rupee range-bound against dollar in early trade (22-08-2024)
Heavy demand for dollars weighs on rupee
Stock market update: Stocks that hit 52-week highs on NSE (22-08-2024)
Gujarat Apollo, Transport Corp, Palash Securities, Shyam Metalics and Rane Eng Valve, hit their fresh 52-week highs at 10:19AM.
Transformers & Rectifiers India wins exports orders of USD 16.80 million (22-08-2024)
1. Order worth USD 14 million from Linxon Global Sweden for supply of 18 Nos. of 20 MVA Trackside Traction Transformers & 55 Nos of 7.5 MVA, Track Side Auto Transformer.
Share price of SRF rises as Nifty strengthens (22-08-2024)
A total of 5,961 shares changed hands on the counter till 10:14AM (IST).
Crude oil down despite decline in US inventories (22-08-2024)
September crude oil futures were trading at ₹6,044 on MCX during the initial hour of trading on Thursday
Are Indians really breaking bank deposits to buy mutual funds? Let’s run a statistical test (22-08-2024)
An analysis by Bank of Baroda economist Dipanwita Mazumdar explores the correlation between Indian households shifting savings from bank deposits to mutual funds using Granger causality test and Cointegration regression. Despite growing mutual funds, both have increased at different rates. The share of bank deposits in household financial savings fell to 29.4%, while mutual funds rose to 6%.